Streetbeat News

CNGL

Canna Global Acquisition Corp

Open

10.91

Mkt cap

92M

Volume

4.1K

High

10.91

P/E Ratio

-1091.00

52-wk high

11.99

Low

10.91

Div yield

N/A

52-wk low

9.90

Liqueous LP is challenging the validity of Canna-Global Acquisition Corp.'s (NASDAQ:CNGL) issuance of Class A common stock. Liqueous acquired these shares in exchange for extinguishing certain debts of Canna-Global, which provided financial benefits to Canna-Global and its stockholders. Liqueous is working with Canna-Global to resolve the issue.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 7:15 am

Trading for CNGL was halted at 4:45:36 p.m. ET due to pending news. Investors should stay tuned for further updates.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 8:45 pm

Canna-Global Acquisition has announced the termination of a deal and plans to promptly begin evaluating other potential business combination targets, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

October 20, 2023 | 1:13 pm

Canna-Global (CNGL) has received a termination notice from New Quantum and is now looking to explore other potential business combination targets. However, there is no guarantee of a successful transaction.

Portfolio Pulse from Benzinga Newsdesk

October 20, 2023 | 1:12 pm

Canna-Global Acquisition Corp (NASDAQ: CNGL) has signed a definitive Bid Implementation and Business Acquisition Agreement with New Quantum Holdings, valuing the latter at $800M. The deal will result in New Quantum becoming a wholly-owned subsidiary of Canna Global and is expected to close in 2H 2023.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 7:04 pm

Canna-Global Acquisition has signed a definitive bid implementation and business acquisition agreement with New Quantum Holdings. The terms of the deal have not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 12:07 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.